340 Newtons Corner Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 11, 2018 | Sold | ||
| Sold | |||
| Sep 5, 2018 | No longer available | - | |
| No longer available | |||
| Jun 13, 2018 | Listed | $665,000 | |
| Listed | |||
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Beautiful Country Colonial with wrap around covered porch overlooking 2.19 partially wooded acres. Home features 5 bedrooms, 3 full baths, gourmet kitchen with granite counters, dining room, living room, family room with gas fireplace. Master suite includes 2 walk in closets, sitting room and large walk in storage above garage. 3 car garage, plus 40x60' (2400 sq. ft) Pole Barn with 16'ceilings for recreational vehicles, classic cars, etc. Full basement with 8' ceilings. Other features included are fire pit, swing set, irrigation well and solar panels. Located in the Ramtown section of Howell with easy access to major highways and shopping. Allaire State Park and the Brick Reservoir are right around the corner and it's a short ride to the ocean beaches of Point Pleasant Beach and Bay Head. The manager has listed the unit size as 3260 square feet.
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| May 4, 2018 | Listed by RE/MAX Bay Point Realtors | $665,000 | |
| Listed by RE/MAX Bay Point Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017